A deal has been signed by the Nigeria National Petroleum Company Ltd and NIPCO Gas Limited on a gas infrastructure agreement with the Lekki Free Trade Zone Development Company.
The agreement, according to the companies would strengthen gas supply to industries in the Lekki corridor of Lagos State.
The Managing Director, NNPC Gas Marketing Limited, Mr Justin Ezeala,while speaking at the event was a milestone in the annals of gas infrastructure development in the country.
“We knew the gas business revolves around us and that we could deliver seamlessly to the myriad of industries in the zone.
“We came into gas business development in the zone with a big renowned player, NIPCO Gas, that is noted for its giant strides in gas marketing and infrastructure development to enhance gas value,” he said.
Ezeala further said NNPC Gas Marketing came into business with LFZDC with an extra value alongside its partner – NIPCO Gas – a fully owned subsidiary of NIPCO Plc, which is noted for its consistency in gas infrastructure upgrade.
“NIPCO has exhibited giant efforts in pipeline construction and penchant for customer collections. We have worked together for years and they remained one of the consistent partners of ours,” Ezeala noted.
He stated that he had inspected the equipment brought in by NIPCO, saying with the signing of the agreement, NNPC Gas Marketing Limited would encourage its partner to move to site for quick execution of the project.
“We are proud to be associated with NIPCO in view of their antecedents in gas infrastructure development. We have trust in them and look forward to the commissioning of the milestone project,” he added.
Also speaking at the occasion, NiPCO Gas MD, Mr Najendra Verma, stressed that the agreement with LFZDC, in partnership with NNPC Gas Marketing Limited, was going to attract more industries to the zone, which would help many companies in the development of the zone in an exponential manner.
